June 22

"Why $1 million can’t buy you a luxury home anymore" -


Once hallmarks of luxury, million-dollar homes are becoming the norm in some housing markets across the country... In some cities and coastal areas, it might actually be more difficult to find a home that’s not listed for $1 million or more. Since 2012 the share of million-dollar homes in the U.S. has increased from 1.6% to 3%, according to a report released Wednesday by real-estate website Trulia...


Read the full article here.


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